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Mich. Comp. Laws § 322.174

College lands; proceeds of sale, disposition

1863, Act 140, Imd

Sec. 4. The proceeds of the sale of said land shall be applied and used according to the conditions of the act of congress granting the same to the state.

Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.